Prentice Wealth Management LLC Increases Stock Holdings in JPMorgan Municipal ETF (BATS:JMUB)

Prentice Wealth Management LLC raised its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 10.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 77,655 shares of the company’s stock after purchasing an additional 7,481 shares during the quarter. JPMorgan Municipal ETF makes up about 1.1% of Prentice Wealth Management LLC’s holdings, making the stock its 19th biggest holding. Prentice Wealth Management LLC owned about 0.28% of JPMorgan Municipal ETF worth $3,894,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. Family Investment Center Inc. raised its position in shares of JPMorgan Municipal ETF by 1.2% in the 3rd quarter. Family Investment Center Inc. now owns 21,716 shares of the company’s stock worth $1,113,000 after acquiring an additional 254 shares in the last quarter. Fifth Third Securities Inc. grew its stake in JPMorgan Municipal ETF by 3.7% in the fourth quarter. Fifth Third Securities Inc. now owns 8,290 shares of the company’s stock worth $416,000 after purchasing an additional 292 shares during the period. Stone Point Wealth LLC raised its holdings in JPMorgan Municipal ETF by 3.3% in the third quarter. Stone Point Wealth LLC now owns 9,496 shares of the company’s stock worth $487,000 after purchasing an additional 300 shares in the last quarter. D Orazio & Associates Inc. lifted its position in JPMorgan Municipal ETF by 6.6% during the third quarter. D Orazio & Associates Inc. now owns 4,975 shares of the company’s stock valued at $255,000 after buying an additional 308 shares during the period. Finally, Walkner Condon Financial Advisors LLC boosted its holdings in shares of JPMorgan Municipal ETF by 1.4% during the 4th quarter. Walkner Condon Financial Advisors LLC now owns 22,206 shares of the company’s stock valued at $1,114,000 after buying an additional 313 shares in the last quarter.

JPMorgan Municipal ETF Stock Up 1.3 %

BATS:JMUB opened at $50.47 on Friday. The stock has a fifty day simple moving average of $50.24 and a 200-day simple moving average of $50.64. The stock has a market cap of $1.40 billion, a P/E ratio of 10.19 and a beta of 0.08.

JPMorgan Municipal ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a $0.1299 dividend. The ex-dividend date was Monday, February 3rd.

About JPMorgan Municipal ETF

The JPMorgan Municipal ETF (JMUB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund holds an actively managed portfolio of various US municipal securities. JMUB was launched on Oct 29, 2018 and is managed by JPMorgan Chase.